Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again
File photographPatrick T. Fallon | Bloomberg | Getty PicturesMortgage demand is now closely skewed towards refinancing, as rates of interest ...
Tag: rates
RBC warns of rising mortgage losses through 2025 with upcoming renewals – Mortgage Rates & Mortgage Broker News in Canada
Canada’s largest financial institution mentioned it expects mortgage losses in its retail portfolio to proceed rising past 2025 as the ...
Mortgage rates are falling, improving home buying conditions. Here’s what to know before you act
The Good Brigade | Digitalvision | Getty PicturesMortgage charges are fallingMortgage charges have already began to come back down from ...
September Mortgage Interest Rates Forecast – NerdWallet
Mortgage charges have fallen 4 months in a row, they usually'll in all probability go down in September and lengthen ...
Scotiabank hits “inflection point” with successful multi-product mortgage strategy – Mortgage Rates & Mortgage Broker News in Canada
Whereas Scotiabank noticed mortgage volumes down 2% in comparison with final 12 months, the financial institution reported success with its ...
B.C. revamps building code to allow single stairwells in buildings up to six storeys – Mortgage Rates & Mortgage Broker News in Canada
Housing Minister Ravi Kahlon says in a press release that updating the provincial constructing code to take away the requirement ...
Mortgage Rates Drop, Easing Affordability – NerdWallet
Mortgage charges fell this week after the chair of the Federal Reserve uttered long-awaited, market-moving phrases."The time has come for ...
Weekly Mortgage Digest: 84% of young Canadians prioritize homeownership despite affordability challenges – Mortgage Rates & Mortgage Broker News in Canada
Regardless of rising affordability challenges, nearly all of younger Canadians nonetheless view homeownership as a beneficial funding, in response to ...
What Happens to Stocks When the Fed Cuts Rates? An Analysis Through Historical Data
The Federal Reserve’s choices on rates of interest are among the many most carefully watched occasions within the monetary world. ...
Virgin Money cuts resi and BTL rates by up to 28bps – Mortgage Strategy
Virgin Cash will reduce chosen residential and landlord fixed-rate house loans by as much as 28 foundation factors tomorrow (29 ...